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BTC Dips Below $28K, While LDO, BCH Defy Market Sentiment With 7% Jumps (Market Watch)

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Lido DAO (LDO) and Bitcoin Cash (BCH) are the two exceptions from the top 50 altcoins with notable gains.

Bitcoin’s troubles continued for a third straight day, with another price slide, which took it to almost $27,000 this time.

Most altcoins also suffer, with MATIC, SOL, DOGE, and LTC dropping the most. In contrast, LDO and BCH have gone on a tear.It was just days ago when the primary cryptocurrency had initiated an impressive leg-up that drove it to almost $30,000. However, itsThe bears took control of the market and pushed BTC south to under $29,000. After staying there on Sunday, the landscape started to change for the worse on Monday. As a result, the assetThe past 24 hours brought even more pain for the bulls.

Even more losses come from the likes of XRP, DOGE, MATIC, SOL, and LTC. All of those are down by up to 5% in a day. In contrast, stand Bitcoin Cash and Lido DAO. Both assets have jumped by approximately 7%. As a result, BCH trades at $120, while LDO is above $1.8. The total crypto market cap, though, has declined once again. The metric, which was over $1.2 trillion days ago, is now at $1.140 trillion on CMC.

 

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